Tag Archives: California

Foreclosures Plummet! but…

Posted on June 16, 2011 by Tim Freund

Foreclosures plummeted 33% nationwide from a year ago according to Irvine based RealtyTrac.  In Ventura County that number declined 18%.  Most economists believe this reflects a slower process from the banks rather than an easing of distressed sellers.  I personally … Continue reading →

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Buy Now or Wait?

Posted on May 28, 2011 by Tim Freund

Yesterday’s pending home numbers were pretty dismal.  They indicate that buyers are not rushing into the market and that confidence is still lacking in a housing recovery.  Admittedly, I am disappointed by the over 11% drop nationally and nearly 10% … Continue reading →

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Real Estate Good News Just Keeps Coming!

Posted on May 20, 2011 by Tim Freund

For those waiting for someone to say the worst is over, let me be the first to say it: “The worst is over!”.  Bold statement?  Perhaps.  Inaccurate?  Not so much. For those of you who know me or follow TheRealEstateConverstation.com, … Continue reading →

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Case-Shiller’s Latest

Posted on April 26, 2011 by Tim Freund

As is the case on the last Tuesday of every month, the Case-Shiller Index is published with commentary by Standard and Poor’s.  For the 8th consecutive month, the index posted a decline.  “‘There is very little, if any, good news … Continue reading →

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California’s Future

Posted on April 23, 2011 by Tim Freund

A couple of days ago, a client sent me an article with 5 opinions suggesting the housing market was poised to continue its downward slide.  I responded by saying the future is unclear but that locally at least, the numbers … Continue reading →

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Diana Olick Get Your Stats!

Posted on January 28, 2011 by Tim Freund

Ok, so maybe I’d like to have Diana Olick’s job at CNBC and maybe I wouldn’t.  Diana, for those who don’t know, is the real estate reporter for financial news channel CNBC.  Diana’s role at CNBC has thrust her into … Continue reading →

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Proposition 13

Posted on January 11, 2011 by Tim Freund

My parents closed on their home in Walnut Creek, California in August of 1966.  For 13 years they saw their home reassessed every year as California property values steadily increased.  In 1978 Howard Jarvis led California in what was characterized … Continue reading →

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And Now For The Good News

Posted on November 20, 2010 by Tim Freund

It’s been a week of less than great news for real estate.  Flat pricing and declining sales numbers cast a pall over much of the housing industry.  Home repossessions were up; home starts were down and rates shot up in … Continue reading →

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